The following data are from the budget of Ritewell Publishers. Half the company?s sales are transacted on

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The following data are from the budget of Ritewell Publishers. Half the company?s sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $30, and total sales in January were $180.

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Complete the following cash budget:

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Fundamentals of Corporate Finance

ISBN: 978-1260566093

10th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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